Is Wizkid richer than Davido in 2021? Here are the expensive things Starboy owns

Wizkid without a doubt is one of the most prominent musician to come out of Nigeria. He has earned global recognition through collaborations with international acts like Drake, Wale, Skepta, Beyoncé and a host of others. According to Forbes, Wizkid is ranked 7th wealthiest music artist in Africa with a net worth of $20M. His wealth comes from record sales, domestic and international shows and endorsement deals. All these in the space of 10 years gives him wealth to stand among the rich and famous celebrities around the world who are millionaires in dollars. So today, we would be telling you about the expensive thing Wizkid owns.  Born Ayodeji Ibrahim Balogun, Wizkid is a 30-year-old Afro-beats artist who started his career at age 11 in Lagos where he was born. He grew up listening to King Sunny Ade, Fela Kuti and Bob Marley. He worked around veteran Nigerian musicians like OJB Jazreel, Naeto C, and Banky W. Starboy also witnessed artists like 2face Idibia and Sound sultan record their album. Inspired by the Greats, his debut into the music industry was an instant success. Since the release of ‘’Holla at your boy’’ in 2010, Wizkid has released a lot of hit songs like Fever, show you the money, On top your matter, Come closer and many more. He has won over 50 awards locally and internationally. He got a Grammy nomination for his contribution to Drake’s ‘one dance’ in 2016. The song earned him a vast global recognition peaking at no 1 in 15 countries including US, U.K, Canada and Australia on the Billboard Charts. His endorsement deals are also worth the gist. Wizkid signed a 127 million naira deal with Pepsi in 2012, a 128 million naira deal with Globacom in 2015, a multi-million contract with Ciroc in 2018 and a 745 million naira deal with Nike which puts him ahead of Davido in terms of endorsements.. Although no figures are available, his latest deal with UBA is said to be the biggest endorsement deal in Africa yet. 

As if that isn’t enough, Wizkid was once paid 245.9 Million Naira. With earnings from multi-million endorsements naira endorsements, worldwide shows and global record sales, it is of no doubt that Wizkid owns an impressive fleet of luxurious cars. In 2015, he purchased a 101 Million Naira Lamborghini Urus which he likes to cruise around in at leisure. Now, you might be wondering how Starboy has managed to earn so much money. Well, let’s break it down. First, there are, of course, the sales of Wizkid’s albums and singles, and the man has been pumping them out with enviable frequency. Then we have the money from tours. Several reliable sources have revealed that he charges up to 10 million naira per concert... Lol. In 2013, he crashed his Porsche Panamera which was worth 25 million naira at the time. News media reported that Wizkid slammed into a road barrier, prompting the air bags to be released.

Wizkid's "ex-porsche". Credit: Linda Ikeji

 Thankfully, he survived the accident and replaced the car with a brand new one in just two weeks! Wizkid boasts of a 2012 BMW 6x estimated to cost over 11 million naira as at the time of purchase, as well as a 2015 Bentley Continental GT worth 42 million naira. Wizkid currently owns two houses in Lagos and one in the US. The first house he acquired is a 4-bedroom duplex in Surulere, Lagos in 2013. The house is estimated to worth N13 million naira. His second house is located in Lekki Lagos and reportedly spent a whooping 68 Million najra on it. In 2016, Wizkid bought a palatial mansion in Los Angeles. For entertainers all over the world, buying a house in Los Angeles means joining the big leagues. It means that you have enough money, enough opportunities, and certainly, you have a high level of popularity. Wizkid loves fashion and knows how to rock an expensive designer wear. In October 2019, he wore a $6,550 Louis Vuitton jacket to perform at his Starboy feast in 02Arena London. Convert to naira, the iconic jacket is approximately 2.3 million naira. In the previous year, he wore to his concert a Gucci top costing an eye-watering 1.3 million naira while his pants for the show cost about $990. In 2018, Wizkid rocked Gucci sweater, joggers and sneakers worth over 1 million naira to Davido’s 30 Billion concert. The Joro crooner was also seen rocking a Gucci intarsia cotton sweater which cost him £870, Technical jersey jogging pant worth $ 790, and a Rhyton Gucci logo leather sneaker that cost him $ 820. Star boy as popularly known was also spotted in a Louis Vuitton T-shirt and Armani pants which costs about. 1.3 million naira. 

At this point, it is safe to say that Wizkid is on a league of his own. The grammy-nominated superstar is also an avid lover of expensive wristwatches. He may not be loud about it all the time, but fans recognize luxury when they see it. In January 2018, the internet went wild when Wizkid showed off his new wristwatch worth $1.2 million. For sure it sounds unbelievable as many of his fans speculated that the news is untrue. Wizkid flaunted the diamond encrusted watch which was designed by a London-based jeweller, Joseph frost, on his Instagram page. The Joro singer gifted his manager Sunday Are, a $111,188 Richard Millie Wristwatch on his birthday and shared a video of himself presenting the gift to his manager. One fashion item you would likely find on most Nigerian artists is a chain.  In July 2017, Wizkid got himself a gold and diamond chain for his 27th birthday. The following year, he purchased an expensive necklace for his son, Zion, to celebrate his 1st birthday. It would be strange if a star of such grandeur did not travel in style, which is why you can only see the musician flying on a private jet. Wizkid remains Nigeria’s biggest export in music and we can only imagine him getting richer.

Segun Alabi

Segun Alabi is a news reporter at HotNaija. He covers a wide range of topics including news and celebrity showbiz

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